Many new companies are getting listed via an RTO deal instead of an IPO. What are its pros and cons of a backdoor listing? There appears to be a dearth of new listings on the Singapore Exchange (SGX). However, IPO numbers alone do not tell the whole story. A constant stream of new companies are tryi...

SINGAPORE Exchange Regulation (SGX RegCo) has issued a notice of compliance to watch-listed Fabchem China, requiring it to appoint a new valuer for a proposed disposal of subsidiary Shandong Yinguang Technology.

SINGAPORE Exchange Regulation (SGX RegCo) has issued a notice of compliance to watch-listed Fabchem China, requiring the latter to appoint a new valuer for a proposed disposal of subsidiary Shandong Yinguang Technology.

MAINBOARD-LISTED Fabchem China on Thursday proposed to fully acquire Singapore-based interior fit-out company Lincotrade & Associates for S$25 million.

Fabchem China has announced a $25 million reverse takeover (RTO) of Lincotrade & Associates, a Singapore-based provider of interior design, renovation, carpentry and joinery services. The company, on April 22, entered into a sale and purchase agreement (SPA) with Tan Jit Meng, Soh Loong Chow Jac...

Fabchem China, on March 19, entered into a sale and purchase agreement (SPA) with its controlling shareholder, Triple Vision, to dispose of 100% of its stake in Shandong Yinguang Technology for $18 million. The $18 million will be paid to Fabchem China in cash by Triple Vision. Fabchem China’s sta...

MAINBOARD-LISTED Fabchem China's identified target company for acquisition has had declining bottom lines over the past three years, with the latest being A$1.4 million (S$973,070) in the red.

THE following companies saw new developments that may affect trading of their shares on Tuesday:

FABCHEM China has on Monday entered into a non-binding term sheet for the acquisition of Australian power plant operator Renewable Power Management. This will result in a reverse takeover should the acquisition go through.

Fabchem China, the manufacturer of initiation systems and detonating cords for explosives, has entered into a non-binding term sheet with three other investors to acquire about 71.26% of the shares in Renewable Power Management for $22 million on Oct 12. The purchase consideration values the latter ...